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Below is an in-depth analysis and side-by-side comparison of Mr. Goodcents vs Dagwood's Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $211,432 - $431,843 | $200,000 - $250,000 |
Franchise Fee | $35,000 | $20,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 3.5% | 2% |
Year Founded | 1988 | 2006 |
Year Franchised | 1990 | 2006 |
Term Of Agreement | 10 years | 15 years |
Term Of Agreement | 10 years | 15 years |
Renewal Fee | 60% of current fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 120 hours Classroom Training: 40 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
MR. GOODCENTS HAS DROPPED THE MR. AND IS NOW GOODCENTS DELI FRESH SUBS
Joseph Bisogno started out running a lemonade stand when he was 6, bought an ice cream truck at 18 and later purchased a gas station. In 1988, Bisogno started Mr. Goodcents Inc. after nearly 10 years of experience with the McDonald's Corp. The first Mr. Goodcents franchised location opened just 2 years later, and there are now more than 115 franchised restaurants nationwide. The locations offer dine-in, carry-out and delivery of salads, soup, pastas and submarine sandwiches ranging from traditional turkey, ham and cheese or meatball, to specialties like the Mr. Goodcents Combo, which features ham, bologna, salami and pepperoni.
Dagwood's Sandwich Shoppes LLC, a privately owned restaurant franchise
company headquartered in Clearwater, Fla. and New Orleans, is the
brainchild of "Blondie" comic strip creator Dean Young and longtime
restaurant franchise executive and author Lamar Berry. Organized in
2006, it sells exclusive market partner territories representing 40 - 75
individual restaurant franchise units. Dagwood's Sandwich Shoppes
have the fun, entertaining and universal appeal of the comic strip and,
like the strip, they will offer guests the opportunity to suspend
disbelief and step into a fun, wholesome, comic strip world. Dagwood's
will feature more than 30 delicious sandwiches on the menu including
Dagwood's Signature Sandwiches - plus soups and salads - made from the
world's tastiest meats, unique breads and distinctive condiments.